Wednesday, February 15, 2017

NGCP buys 18 power transformers worth P1.346B

THE National Grid Corp.
of the Philippines (NGCP) has placed an order for 18 power transformers worth
$27 million (P1.346 billion).

ABB said it received
the order “to design, supply and
commission 18 transformers.”

ABB is a pioneering
technology leader in electrification products, robotics and motion,
industrial automation and power grids, serving customers in utilities, industry
and transport and infrastructure globally.

The new transformers
will enhance grid reliability and increase power capacity
to support economic growth. These will be installed in key
substations across the country.

This is the second
major order ABB has received from NGCP, having won an order
for three transformers last year.

“We are pleased to
partner with NGCP for this important upgrade that will strengthen the
Philippines’s power grid, enhance efficiency and improve reliability of power
supply to consumers,” the company said.

“As part of ABB’s Next
Level strategy, we are committed to support the development of power
infrastructure in growing markets around the world,” said Markus
Heimbach, managing director of ABB’s Transformers business unit, a part of
the company’s Power Grids division.

ABB’s Power Grids
division has recently won four major orders, collectively worth over $840
million, including the recent order from NGCP, to deliver
state-of-the-art power-transmission technologies across
three continents. The other orders were in India ($640 million), the
United States ($100 million) and Brazil ($75 million).